Grasim Ind looks strong in cement: Gujral
Published on Thursday, February 5th, 2009 at 5:43 PMAuthor: admin (5507 Articles)
Technical Analyst, Ashwani Gujral is of the view that Grasim Ind is looking stronger of the cement lot.
“Cement started getting beaten up much before the overall market did. So in that sense it’s probably ahead of the bottoming out curve. But broadly ACC is also about rangebound Rs 450-460 on the downside maybe at best Rs 580-600 on the upside. So not much traction here, you will find one-two days in a month where cement does well. But overall the stocks are pretty much range bound. Grasim looks stronger of the cement lot.”
Source : MoneyControl
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